2, LARCH CLOSE, ARNOLD, NOTTINGHAM, NG5 8SB - £392,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 LARCH CLOSE is a large detached house of 138m², built sometime between 1991 and 1995, which could now be worth an estimated £421,048. It was last sold for £392,000 in June 2024, which was around 13% above the average June 2024 detached price in the Gedling local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

2 LARCH CLOSE Sold Prices

Land registry data shows two sales for 2 LARCH CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. Both of the two 2 LARCH CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 7 JUN	£392,000	£348,132	13% above HPI
2016 3 JUN	£275,000	£231,179	19% above HPI

2 LARCH CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The two 2 LARCH CLOSE sales from June 2016 and June 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2016 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the June 2024 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 2 LARCH CLOSE be worth now?

2 LARCH CLOSE might now be worth an estimated £421,048.

This is based on house price inflation of 7.4%, between June 2024 and February 2025, for detached houses, in the Gedling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.4% inflationary increase is applied to the most recent sale price for 2 LARCH CLOSE of £392,000 on 7th June 2024. For the value to have increased from £392,000 to £421,048 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of 2 LARCH CLOSE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The June 2024 sale price of £392,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LARCH CLOSE has not materially changed since June 2024.

How Large is 2 LARCH CLOSE?

2 LARCH CLOSE is 138m² according to the EPC inspection conducted in April 2016. This puts it in the largest 30% of detached houses houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nottingham, and where 2 LARCH CLOSE lies on this distribution: 79% of detached houses houses are smaller than 2 LARCH CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

2 LARCH CLOSE: Plot and Title Map

2 LARCH CLOSE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 2 LARCH CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 LARCH CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 LARCH CLOSE?

2 LARCH CLOSE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 2 on LARCH CLOSE.